Toll buoyant after JP cuts losses on Global Express


Source: fullyloaded.com.au fullyloaded.com.au

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Toll buoyant after JP cuts losses on Global Express Date: 18.05.2021 Knudsen and Stokes emphasise headway made on recent challenges Japan Post looks to life after Global Express Toll Global Express comes back to haunt Japan Post (JP) one last time as the parent company releases its annual results ending March 31, 2021. JP concedes it gave up on Global Express as it continued to bleed financially, to the tune of $78 million last Japanese financial year, in the Toll portfolio that also includes Global Logistics and Global Forwarding. Positively for JP, Toll Group’s bottom line sees revenue and earnings...